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Morning Bulletin - Wednesday, Febraury 25, 2009

A roundup of news, schedules, and key stories from CBS News Political Director Steve Chaggaris:

(AP Photo/Pablo Martinez Monsivais)
President Obama is basking in the seemingly unanimous rave reviews of his 52-minute speech to a joint session of Congress last night:

Financial Times' Edward Luce, "'Reaganesque' Obama seeks to shift paradigm"

Foreign Policy's Christian Brose, "A heck of an impressive speech (Obama's, that is)"

Reuters' Steve Holland, "Obama seeks the right tone on U.S. economy": "President Barack Obama tidied up his economic message Tuesday, reviving the hopeful 'Yes We Can' spirit of his campaign and abandoning the 'Maybe We Can't' impression he took to the White House."

Associated Press' Ron Fournier, "Obama address renews audacity to hope"

NY Times' Peter Baker, "In Time of Crisis, Urging Bold Action and Big Ideas"

Washington Post's Steven Pearlstein, "President's Historic Message Balances Urgency, Optimism"

CBSNews.com, "Poll: Positive Reception For Obama Address"

Seemingly unanimous...

Wall Street Journal editorial, "Obama Unbridled": "We suspect many Americans will respond well to his clear determination, tied as it was to optimism about the future. Americans are looking for leadership, and last night Mr. Obama dropped his recent riff about looming 'catastrophe' and pointed to a brighter day beyond today's trouble. Americans want Mr. Obama's policies to succeed because they rightly understand that all of us will pay a price if they fail. ... Mr. Obama clearly believes the recession has created a political moment when Americans are frightened enough to be open to a new era of expanded government. The question is whether his vast ambitions will allow the private economy to grow enough even to begin to pay for it all."

Associated Press' Calvin Woodward and Jim Kuhnhenn, "Fact Check: Obama's words on home aid ring hollow": "Even officials in his administration, many supporters of the plan in Congress and the Federal Reserve chairman expect some of that money will go to people who used lousy judgment."

IRAQ: CBS News national security correspondent David Martin reported last night that President Obama plans to announce Friday that all U.S. combat troops be withdrawn from Iraq by August 2010. A Pentagon official confirmed to CBS News that Mr. Obama is going to Camp Lejuene, N.C. on Friday where he is expected to announce his Iraq plan.

(AP)
OBAMA'S CABINET: President Obama will announce former Gov. Gary Locke, D-Wash., as his nominee for Commerce Secretary today at 11am ET. Also, yesterday, almost two months after being nominated, Hilda Solis was confirmed by the Senate as Labor Secretary. Among the issues that held up her nomination was $6,400 of outstanding tax liens on her husband's business.

ALSO TODAY: At 9:30 am, Vice President Biden meets with Treasury Secretary Tim Geithner and several other cabinet members for a meeting on implementing the president's economic stimulus plan.

At 11:15, Treasury Secretary Geithner will announce that first-time homebuyers can now apply for the increased tax credit - $8,000 - that was passed as part of the stimulus plan. Later today, he will meet with President Obama at the White House.

Secretary of State Hillary Clinton meets with the foreign ministers of Greece, Poland, Brazil and Colombia. She also will speak at an event on human rights practices.

At noon, Sen. John McCain delivers a speech at the American Enterprise Institute on his idea for success with the war in Afghanistan.

Attending hearings on Capitol Hill today: Federal Reserve Chairman Ben Bernanke, Homeland Security Secretary Janet Napolitano.

Tonight, the Library of Congress honors Stevie Wonder at a White House event; President Obama will be in attendance.

PRESIDENT'S SPEECH:

Politico's Carrie Budoff Brown, "Promises, promises: Obama's wish list"

New York Times' Jeff Zeleny, "Obama Assures Nation: 'We Will Rebuild'"

Wall Street Journal's Jonathan Weisman, "Obama Seeks to Snap Gloom"

LA Times' Janet Hook, "Obama mixes optimism and hard truths"

Washington Post's Michael D. Shear and Anne Kornblut, "In Speech to Congress, Obama Outlines His Plans for Economic Recovery"

Wall Street Journal's Gerald F. Seib, "President Reaches Out to Average Americans"

Associated Press' David Espo, "Obama tells nation: 'We are not quitters'"

Politico's John F. Harris and Jonathan Martin, "Conservative words for a liberal agenda"

GOV. JINDAL'S RESPONSE

Associated Press' Charles Babington, "GOP leaders say Obama's plan is irresponsible"

Washington Post's Perry Bacon Jr., "In GOP Response, Jindal Blasts Stimulus"

USA Today's John Fritze, "Jindal: GOP must return to fiscal discipline"

Politico's Andy Barr, "Jindal's response: Panned, seared"

FEDERAL BUDGET / ECONOMY:

Associated Press' Andrew Taylor, "Democrats boosting domestic spending atop stimulus"

LA Times' Jim Puzzanghera and Maura Reynolds, "Obama and Bernanke offer hope for the economy"

USA Today's Rick Hampson, "States, cities line up for slice of Obama stimulus package's pie"

FINANCIAL BAILOUT:

Washington Post's Binyamin Applebaum, "A Second Try at Calming Bank Investors"

SEN. ROLAND BURRIS:

Chicago Sun-Times' Lynn Sweet, "Burris digging in as Durbin gives push to go"

Washington Post's Perry Bacon Jr., "Burris Says He's Staying Put As Durbin Suggests He Resign"

MINNESOTA SENATE RECOUNT:

Minneapolis Star Tribune's Pat Doyle and Kevin Duchschere, "Setbacks for Coleman grow at Senate recount trial"

FUTURE RACES:

Tex. Gov. 2010: Fort Worth Star-Telegram's Aman Batheja, "Poll: Hutchison leads Perry among likely GOP voters"

ALSO:

Associated Press' Darlene Superville, "New president making his mark - everywhere"

Washington Post's Mary Beth Sheridan, "Senate To Weigh D.C. Vote Measure"

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